55 Pitt St Sydney
View to the harbour with the new 55 Pitt St, Sydney. Image – Woods Bagot.
  • A 50-floor, 60,000 sqm design has been approved for 55 Pitt Street, Sydney
  • Winning designs came from Woods Bagot and SHoP Architects
  • The design includes a tower that reaches up to 232 metres in height

After a competitive process, the winning design for the $500 million Mirvac 50-storey commercial office tower and development has been announced.

The soaring tower – reaching up to 232 metres – and concept impressed a panel of Mirvac and Council nominated judges earning Woods Bagot & SHoP Architects the appointment as design partners on 55 Pitt Street in Sydney, just two streets away from Circular Quay.

With frontages to Pitt, Underwood and Dalley Streets, the site will deliver approximately 60,000 sqm of premium commercial and activated retail space.

55 Pitt St Sydney frontage
Exposure to both Market and Pitt Streets. Image – Woods Bagot

The development will see the demolition of a nine-storey mid-century commercial office building and significant upgrades of the nearby Ausgrid and Telstra utility buildings.

“We are delighted to see our scheme selected for 55 Pitt Street,” said Woods Bagot CEO, Nik Karalis.

“Our proposal brings to the forefront a next-generation building centred around a sense of belonging and place dictated by guiding principles of Country, an activated sense of community connections, a workplace environment focusing on a new return to work principles. It will be a performative, expressive and breathable tower.”

According to the architects, the design “prioritises the experience of its visitors and occupants” throughout by providing “flexibility, comfort and natural light”, as well as the iconic views of Sydney Harbour.

It will also use leading technology and sustainability principles alongside curated amenities to actively promote health and wellbeing.

“[55 Pitt will be] a performative, expressive and breathable tower,” said SHoP NYC Partner William Sharples.

55 Pitt St Sydney
Glass frontage. Image – Woods Bagot

Mirvac Chief Investment Officer, Brett Draffen said the design was chosen because it responded carefully and creatively to Mirvac’s brief and vision for the project.

“55 Pitt Street is an exciting opportunity to create a sustainable and future-focused premium-grade workplace that respects and celebrates its place within the context of the Sydney CBD,” he said.

“The winning entry was outstanding and exceeded the jurors’ requirements, with the podium’s seamless integration into the urban landscape at ground level, as well as its ability to redefine the Sydney skyline.

“Prior to the time of early European settlement, the site formed part of the harbour shoreline. SHoP Architects and Woods Bagot weaved this fascinating history into their design for the lobby and entry hall, using cascading water features, lush landscaping and indigenous narratives.”

55 Pitt Street towers
55 Pitt Street towers. Image – Woods Bagot

You May Also Like

Growing market: childcare facilities investment developing

Recent changes to Child Care Package subsidies, as well as govt support of childcare as an essential service, will be another growth driver.

West Perth’s CBD leading the move towards growing employment nodes

Markets which were not hampered with the same level of lockdown, such as Brisbane and Perth CBDs, have improved their occupancy.

WA Government to boost development with $80M fund and DAP delay cap

Premier McGowan announced 120-day state govt DAP caps and opt-ins for local govt, $80M in infrastructure funding, and green light for smaller multi-dwelling developments of $2M.

Experts Corner by The Property Tribune

Ko & NPA partner to launch several co-owned luxury properties at Mermaid Beach, Gold Coast

Ko's partnership with NPA Projects provides more opportunities to co-own off-the-plan holiday residences, including exclusive Gold Coast properties

Continue reading

Top Articles

Expert tips on how to be a successful property investor

Property expert and buyer's agent, Lloyd Edge, shares his insights.

Australian commercial property update: Industrial and tourism assets lead the pack in trying times

Commercial assets have faced volatility recently, driven by financing changes and demand fluctuations from institutions and funds.

WA has emerged as a property investment hub, and why that's a good thing

Eastern investors chase Perth's affordability, doubling the distance between home and investment in 2023, reveals MCG research.